A because it helps you without getting loans
Answer:
C : $686
Explanation:
The computation of the cash received amount is shown below:
= (Sale value of merchandise - returned merchandise) × (100 - discount rate)
= ($1,000 - $300) × (100 - 2%)
= $700 × 98%
= $686
Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.
Its true lol ......................................
We are required to give the informations needed to calculate a real exchange rate.
1. Informations needed to calculate a real exchange rate are <em><u>nominal exchange rate</u></em>, <em><u>domestic price in home currency</u></em>, and <em><u>foreign price in foreign currency</u></em>.
- Real exchange rate can be calculated with the formula:
<em>Real exchange rate = (Nominal exchange rate × Domestic price level) ÷ foreign price level</em>
2. A higher real exchange rate implies that the <em><u>domestic currency is depreciating.</u></em>
Therefore, real exchange rate depends on nominal exchange rate and price
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